FinEdge Labs
V

VIRT

VIRTUnverified
2 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$3.6B25.5%
FY2025
Operating Segments
2
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Market Making Segment
Segment Shift

Market Making Segment has grown from 73.6% to 81.5% of total revenue since FY2018, with 0.0% operating margins. Meanwhile, Execution Services Segment is the fastest growing at +31.7% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Market Making Segment$2.9B$00.0%81.5%+24.2%
Execution Services Segment$668M$00.0%18.5%+31.7%

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